News

Towers Watson has hired Edward Root as a senior pension risk transfer expert.

More than nine in 10 financial advisers continue to oppose a pending Department of Labor (DOL) rule change expected to broaden the definition of “fiduciary.”

When it comes to holiday spending, one-third of couples lie, disagree or cover up, a survey found.

U.S. exchange-traded funds (ETFs) posted more than $26.6 billion of inflows during the month of October, increasing year-to-date inflows to $152.9 billion.

T. Rowe Price Retirement Plan Services, Inc. has launched its Online Learning Center for participants of the retirement plans for which it provides recordkeeping.

Defined benefit pension plans that are less funded invest more aggressively, according to an analysis by Towers Watson.

Estimated mutual fund inflows for October set the highest monthly pace measured since January, with U.S. equity funds collecting $10.5 billion in new assets.

The Principal Financial Group introduced a retirement education program designed to encourage Hispanic employees to participate more in retirement plans.

The two firms are collaborating to provide retirement plan sponsors and advisers with third-party administrator (TPA) services.

An enhanced version of BrokerCheck by the Financial Industry Regulatory Authority (FINRA) gives investors quicker access to investment professionals’ reportable events.

A new global report suggests young workers lack the resources to start saving effectively for retirement, despite enthusiasm over employer-sponsored retirement plans.

Fidelity Investments has expanded its line-up of short duration bond mutual funds for investors and financial advisers.

Participation in employer-sponsored retirement plans has been generally stable since 2011.

More U.S. companies are formalizing plans to de-risk their defined benefit (DB) plans.

Zachary Karabell has joined Envestnet Inc. as head of global strategy, where he is tasked with helping advisers navigate the global economy’s impact.

Pershing LLC, a BNY Mellon company, announced plans to launch a research-based mutual fund listing that can help advisers balance portfolios across 40 investment categories.

The new fund seeks long-term capital growth by investing in foreign and U.S. companies within the industrials sector.

Edward Jones created FORCES last year to provide training and a compensation package to smooth the transition to a financial services career for veterans.

A new poll reveals employers who sponsor equity compensation plans have an important part to play in educating employees.

Regulatory changes and expectations of increased competition are redefining registered investment adviser (RIA) practices around the U.S.